Attorney Warns Originators About Recorded Liens and Bankruptcy

Attorney Herman Thordsen, whose Mortgage e-Alerts appear on OriginationNews.com, has some advice for originators in a post he made on the Grapevine. Recorded judgment liens against a property are not automatically discharged in bankruptcy unless a special motion is made before the court.

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Otherwise it could become a costly process and it could end up delaying, if not sinking, a home sale. Read more at http://bit.ly/166wQ7R.


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Originations Law and regulation
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